Europe

Insider predicts shoe prices to take hike

Source: The Local Heinrich Deichmann described changes taking place in China, which produces a large portion of shoes sold in the West, as “dramatic” and said consumers must get used to the idea of forking out more for their footwear. But Deichmann said his company would sacrifice profits this year, […]

Britain Discovers Germany as a Model

Source:The Spiegel. Britain, which has yet to recover from the 2008 financial crash, is peering enviously at Germany’s economic structure with its focus on engineering, its medium-sized firms, apprenticeships, regional banks and long-term business approach. The opposition Labour Party, but also the Conservative-led government, are starting to embrace German ideas. […]